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BASKING RIDGE, N.J., Oct. 29, 1998 -- Hooper Holmes, Inc.
(Amex:HH) announced that its Board of Directors declared a regular
quarterly cash dividend of $0.015 per share payable on November 28,
1997, to shareholders of record on November 14, 1997.
Jim McNamee, Chairman, stated, "This increased level of dividend
initiated in the previous quarter reflects management`s continued
confidence in our Company`s ability to maintain its impressive
levels of margin expansion and operating income."
Hooper Holmes, Inc. provides medical and other underwriting
information on insurance policy applicants to the major companies
in the health and life insurance industry. The Company provides
health information services through its 200 locations
nationwide.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Hooper Holmes Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's
Annual Report or Form 10-K for the most recently ended fiscal
year.
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